Indus finally looks to readmission

INDUS Energy has entered a non-binding term sheet to take all the issued capital of the privately owned New Era Oil and Gas, a company run by former Beach Energy planning boss Gordon Moseby,  as it begins to recapitalise the company as an oiler after a brief flirtation as a gold explorer.

Indus finally looks to readmission Indus finally looks to readmission Indus finally looks to readmission Indus finally looks to readmission Indus finally looks to readmission

Tiddler to taken on private Cooper Basin player run by ex-Beach exec

 
The tiddler, which has been in a trading halt this year, has spent much of 2018 searching for project that would get it back in the game via a reverse takeover and after disappointments has